Bought with Chapel Hill Realty Group, Inc.
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700 Martin Luther King Jr Boulevard #A9 Chapel Hill, NC 27514
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Key Details
Sold Price $289,250
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,001 sqft
Price per Sqft $288
Subdivision Mill Creek
MLS Listing ID 2539944
Sold Date 11/30/23
Style Site Built
Bedrooms 2
Full Baths 2
HOA Fees $267/qua
HOA Y/N Yes
Abv Grd Liv Area 1,001
Originating Board Triangle MLS
Year Built 1985
Annual Tax Amount $3,076
Property Sub-Type Condominium
Property Description
INVESTORS ALERT! Turn-key investment property in prime location - 15 mins to downtown Chapel Hill and UNC, this property is a part of a popular & safe student neighborhood. Bus stop just downstair. It continuously rented for the last 7 years. Lease in place until July, 2025. Current rent is $1500, and will increase to $1560 from Aug, 2024. Great tenant & well maintained unit with no missed rent. Tenant pays utilities. HVAC 2017. Washer/Dryer combo 2021. Great townhouse-style layout with living/dining space and kitchen on main floor; bedrooms and baths, on 2nd floor. One bathroom in the hallway and one in the master bedroom. Building A has ~150 sq ft bigger living area than the other buildings of the similar floor plan. This particular building has copper & plastic water pipes, no polybutylene pipes issues. Pool & tennis court. Parking by permit through HOA. Please see disclosure for an association lawsuit. Unit is tenant occupied. Please do not disturb the tenant. Seller is the listing agent.
Location
State NC
County Orange
Community Pool, Street Lights
Direction Building A is the first building on the right once coming into the Mill Creek community. Unit A9 is on the 3rd floor.
Interior
Interior Features Bathtub Only, Dining L
Heating Electric, Forced Air, Heat Pump
Cooling Central Air
Flooring Carpet, Vinyl
Fireplace No
Appliance Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Washer/Dryer Stacked
Laundry Main Level
Exterior
Exterior Feature Balcony, Tennis Court(s)
Community Features Pool, Street Lights
View Y/N Yes
Garage No
Private Pool No
Building
Lot Description Landscaped
Faces Building A is the first building on the right once coming into the Mill Creek community. Unit A9 is on the 3rd floor.
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Structure Type Cedar,Wood Siding
New Construction No
Schools
Elementary Schools Ch/Carrboro - Northside
Middle Schools Ch/Carrboro - Guy Phillips
High Schools Ch/Carrboro - East Chapel Hill
Others
HOA Fee Include Maintenance Grounds,Maintenance Structure,Road Maintenance,Trash
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